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When there is no debt in the capital structure, what is WACC equal to? A. Cost of equity. B. Debt-to-total capitalization ratio. C. Equity-to-total capitalization

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When there is no debt in the capital structure, what is WACC equal to? A. Cost of equity. B. Debt-to-total capitalization ratio. C. Equity-to-total capitalization ratio. D. Cost of debt

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